COMPANIES

• SHV Energy to merge some companies in revamp drive
• Telco may roll out Indigo in January
• Coca-Cola to soon launch ready-to-drink coffee, tea
• Philips to buy out local shareholders in PCB India
• Mirc to leverage Onida brand for audio, AC foray
• RIL to raise polyester capacity by 3 lakh tonnes
• MUL's diesel Esteem takes off in Punjab
• OM Kotak's positive about AIDS victims
• VIP to make furniture for children
• EIL to pay Rs 600-cr dividend
• Zurich to buy Raymond's 24% in AMC
• Bannari Amman Sugars generator order for BHEL
• DCI pays Rs 21-cr dividend to Govt
• PepsiCo moves to create regional market units
• Govt rejects Shell plea to waive divestment rule
• BIFR calls for winding up of Triveni Structurals
• ABB hopes to maintain margins at 10 per cent
• IRFC pays Rs 100-cr dividend, posts Rs 292-cr profit
• DPC E-chip, CDs with court receiver
• Castrol India plans to focus on value-added products
• Seagram launches Ron Amigoz dark rum

INTERNATIONAL BUSINESS

• Commerzbank in red again despite huge one-off gain
• UBS rejects apartheid lawsuit claims
• Webster quits as head of new US accounting board
• US back as world's most competitive economy
• Free trade talks gaining momentum: WTO chief
• Webster hints at quitting new US accounting board
• Ex-Ford CEO Nasser takes Bank One job

GENERAL

• Economists upbeat as IIP shoots to 5.2 per cent
• Direct Taxes: final Kelkar report by month-end
• Canada says $1.1 billion trade with India to double by 2007
• NPA Ordinance: Supreme Court hearing on Nov 25

BANKING AND FINANCE

• MCC Finance to pay Rs 50 cr to depositors
• SEZ banks to have $10-m capital infusion by parent
• Risk-profile onus falls on banks
• Canara Bank plans to open branch in China
• Rs 2,500-cr dose for IDBI recast as bank
• Syndicate Bank cuts PLR
• South Indian Bank cuts lending rates
• Reserve repo done at 7.5% for Rs 50 cr
• UCO Bank cuts deposit rates
• Corpn Bank, Oriental Bank to share ATMs
• Bank of Punjab lines up major branch expansion

CAPITAL MARKET

• Screen looks blurred for Balaji Telefilms
• MFs can invest 10% of net assets in foreign securities
• You can buy/sell HDFC MF units through ATM
• IL&FS offers new trigger options for unit holders
• Sustained interest in Hero Honda
• Century Textiles active on better Q2 show
• Buyback hopes lift Novartis
• Reliance-led rally gets support of tech stocks
• Rupee slips; gilts bullish

PEOPLE

• Kalyanasundaram is GlaxoSmithKline MD
• Narayana Murthy to head corporate governance panel
• ECIL Chairman bags award